News & Analysis as of

Minority-Owned Businesses Diversity and Inclusion Standards (D&I) Women-Owned Businesses

Potomac Law Group, PLLC

Alternatives to Federal Diversity Certifications: Minority Business Enterprise Certifications

As a result of the federal government’s clear directives against Diversity, Equity, and Inclusion that put the Disadvantaged Business Enterprise (“DBE”), 8(a) Business Development Program, Woman-Owned Small Business (“WOSB”),...more

Parker Poe Adams & Bernstein LLP

Will Trump Administration End Women and Minority-Owned Business Set Asides?

Last week’s revocation of federal affirmative action requirements was accompanied by a statement from the Trump administration stating its intent to eliminate any federal program that promotes DEI principles. ...more

Partridge Snow & Hahn LLP

Fearless Fund Settles Yearlong Suit with the American Alliance for Equal Rights

Challenges to Race-based Initiatives Continue: Fearless Fund Settles Yearlong Suit with the American Alliance for Equal Rights, Ending the Strivers Grant Contest for Women of Color Business Owners - Fearless Fund is a venture...more

Poyner Spruill LLP

Eleventh Circuit Decision Generates Further Concern in Diversity Initiatives

Poyner Spruill LLP on

On Monday, June 3, 2024, the U.S. Court of Appeals for the Eleventh Circuit held that a contest providing venture-capital funding to only Black women was substantially likely to violate section 1981 of the Civil Rights Act of...more

WilmerHale

Eleventh Circuit Temporarily Blocks Fearless Fund Grant Program For Black Women-Owned Businesses

WilmerHale on

On June 3, 2024, the Eleventh Circuit authorized a preliminary injunction in American Alliance for Equal Rights v. Fearless Fund Management, LLC et al., ruling that a grant contest that awards funding and mentorship...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

DEI Under Scrutiny, Part X: Eleventh Circuit Blocks Venture Capital Fund’s Grant Contest for Black Women-Owned Businesses

The U.S. Court of Appeals for the Eleventh Circuit blocked a contest by a venture capital fund that provided grants and other benefits to black women-owned businesses, finding the contest is likely to unlawfully discriminate...more

Foley & Lardner LLP

California Governor Gavin Newsom Signs Bill Requiring Venture Capitalists to Report on the Diversity of the Businesses They Invest...

Foley & Lardner LLP on

California Governor Gavin Newsom (D) has signed a bill that mandates venture capitalists to report the diversity of the founding members of businesses they invest in, making the first state to require venture capital firms to...more

Bowditch & Dewey

Boston Planning and Development Agency Institutes Policy on Diversity, Equity, and Inclusion

Bowditch & Dewey on

The Boston Planning and Development Agency (“BPDA”) has adopted a Diversity, Equity and Inclusion Policy (“DEI”) that asks developers of large projects (adding/constructing more than 50,000 square feet), Planned Development...more

Mitratech Holdings, Inc

The Importance of Vendor Diversity

Vendor diversity is an important, even essential part of DEI. Even though some organizations may not have realized it yet. What is vendor diversity? While diversity, equity and inclusion, or DEI, has become more and...more

Jackson Lewis P.C.

Creating Solutions To Racism Problem In Construction Industry

Jackson Lewis P.C. on

In 2020 alone, there were nearly 20 highly publicized incidents of flagrant racism on construction jobsites throughout North America, ranging from workers of color finding nooses hung in the workplace to racist graffiti. Many...more

Ballard Spahr LLP

CFPB’s Office of Minority and Women Inclusion issues annual report

Ballard Spahr LLP on

The CFPB’s Office of Minority and Women Inclusion (OMWI) has issued its annual report to Congress covering the OMWI’s activities in FY 2016. The Dodd-Frank Act required the CFPB and various other federal agencies, including...more

Ballard Spahr LLP

CFPB releases annual employee survey results, 2016-2020 Diversity and Inclusion Strategic Plan

Ballard Spahr LLP on

The CFPB released two items at year-end:  the results of its 2016 annual employee survey and its updated Diversity and Inclusion Strategic Plan (Strategic Plan) for 2016-2020....more

Ballard Spahr LLP

Ballard Spahr Partner Dee Spagnuolo Joins CFPB OMWI Director on Panel at ABA Meeting

Ballard Spahr LLP on

Ballard Spahr Partner Dee Spagnuolo joined Director Stuart Ishimaru of the CFPB’s Office of Minority and Women Inclusion and other industry leaders for the panel discussion "Diversity and Dodd-Frank Section 342," on September...more

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